Primary Unloads Montana Saturn Prospect

To buy Saturn prospect in Daniels County, MT.

Primary Petroleum Corp., Calgary, (Toronto Venture: PIE) plans to sell its Saturn prospect in Daniels County, Montana, to an undisclosed buyer for US$3.4 million.

With a strong balance sheet in excess of C$20 million in working capital, no debt, a joint venture with a fully carried and funded US$41 million exploration program consisting of 3-D seismic, six vertical test wells and six horizontal wells, Primary continues to remain focused for the balance of 2012 on its Southern Alberta Basin prospect in Pondera and Teton counties in northwestern Montana.